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Kraftube INC

$447,117 PPP Loan in Reed City, Michigan

Loan Details

Loan Number
6440427003
Date Approved
Apr 6, 2020
Loan Status
Paid in Full
Initial Approval
$447,117
Current Approval
$447,117
Forgiveness Amount
$452,887
Forgiveness Date
Aug 2, 2021
Term
24 months
Draw
First Draw

Business Information

Business Name
Kraftube INC
Address
925 E Church Ave
City
Reed City
State
Michigan
ZIP Code
49677-9196
Business Type
Corporation
Industry (NAICS)
Manufacturing (333415)
Business Age
Existing or more than 2 years old
Jobs Reported
49
Estimated Revenue
$12.8M
Rural/Urban
Rural
Congressional District
MI-02

Loan Use Breakdown

Payroll
$311,336
Rent
$30,000
Utilities
$60,000
Health Care
$27,219
Debt Interest
$18,562

Lender Information

Servicing Lender
Isabella Bank
Originating Lender
Isabella Bank

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